129 homes in near Merlinda Elementary
Homes for Sale near Merlinda Elementary
West Covina, CA
About Homes near Merlinda Elementary
About West Covina: Merlinda Elementary is located in West Covina. West Covina is a city in Los Angeles County, California, United States. Located 19 miles (31 km) east of downtown Los Angeles in the central San Gabriel Valley, it is part of Greater Los Angeles. The population for the city was 109,501 at the 2020 census.
These are homes for sale within about 2 miles of Merlinda Elementary in West Covina (Topfind School Score: 6/10). The area around the school has 129 active listings.
Merlinda Elementary Area Market Pulse
Topfind Market Read
The picture is mixed here. Selling times have improved 26% versus six months ago, yet 40% of sellers have trimmed their asking price, and the typical home takes about 52 days to sell, so neither side holds a clear advantage. Realistic pricing wins for sellers, and patient, prepared buyers can secure fair terms.
Median Home Price
$800K
↓ 1% over the past yearChart shows the median closed sale price by month
Months of Supply
Estimated time to sell all listings at the current sales pace
4.2 months of supply
Balanced Supply129 active listings currently on the market.
What this means for buyers
Supply and demand are roughly in step, with a steady flow of options and no glut. Listings typically sell in ~52 days.
Sales Velocity
How fast homes are selling
Homes take longer to sell here than in a balanced market, so buyers have more time to negotiate and explore options. The trend is moving the other way though, with selling times down 26% over the last six months.
Inventory Distribution
A solid share of current listings is under 30 days old, while a meaningful share has been up longer.
About 43% of current listings are under 30 days old, while the rest have been up longer.
Housing Tenure in Merlinda Elementary Area
Homeownership is higher than average, and most households in this area own rather than rent.
61%
Homeowners
39%
Renters
Homeownership is 5.5 points higher than the California average (55.5%)
32,586 households (2023)
Median Price by Bedroom
Home prices rise significantly with each additional bedroom.
Each additional bedroom adds about $200K in value on average, with larger homes seeing bigger price jumps.
Largest increase: 2 → 3 bedrooms (+$278K)
Price Reductions
51 listings have reduced their price
40% of active listings
Average reduction: 4.8% (~$39K)
Merlinda Elementary Area Market Overview
As an elementary school, Merlinda Elementary operates within the West Covina Unified district. It earns a Topfind School Score of 6. The homes shown here are near Merlinda Elementary rather than confirmed within an attendance zone, so verify enrollment eligibility with the district. The Merlinda Elementary area currently shows a median list price of $799,800. That runs roughly 6.8% lower than West Covina as a whole. There are 129 homes currently listed for sale in the Merlinda Elementary area. Over the last six months, the median price has eased about 3.3%, from $840,000 in February to $812,500 in July.
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Frequently Asked Questions about Homes near Merlinda Elementary
How many homes are for sale in Merlinda Elementary Area, CA?
There are currently 129 homes for sale in Merlinda Elementary Area, ranging from $388,000 to $1,888,000. 8 of them hit the market within the last week.
What is the median home price in Merlinda Elementary Area?
The median list price in Merlinda Elementary Area is $799,800. Price per square foot averages $516. Prices are down 0.8% compared to a year ago.
How fast do homes sell in Merlinda Elementary Area?
Homes in Merlinda Elementary Area currently average 52 days on the market, a slower pace that gives buyers more time to evaluate and negotiate.